Capricious Value
Definition of "Capricious value"
Arbitrary value assigned to real property without any scientific or technical reason. It is a personal decision based on a hunch.
Popular Real Estate Terms
Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...
Requires collateral to secure the debt. An example of collateral might be one's home. ...
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Occurring two times per year; also called semiannual. On the other hand, biennial means occurring each two years. ...
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initial plaster used on a lathe. ...
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